Data Center Company Equinix Completes Acquisition of Data Center Specialists Metronode

April 19, 2018
Data Center Company Equinix Completes Acquisition of Data Center Specialists Metronode
Data center company Equinix, Inc. (Equinix) has completed its acquisition of Australian data center specialists Metronode. Equinix has headquarters in Redwood City, California, United States. The company offers a suite of internet services that include cloud options and other enterprise solutions through an extensive network of ‘carrier-neutral’ data centers. Its acquisition of Metronode makes Equinix a “market leader in Australia”.

Metronode has headquarters in North Sydney, New South Wales, Australia. Established in 2002 the company has ten ISO27001:2013, ISO14001:2014, and Uptime Institue Tier III-certified facilities across Australia (in Sydney, Melbourne, Canberra, Brisbane, Perth, Adelaide and Wollongong). Its data centers are recognized as having NABERS ratings of 4.5. The acquisition gives Equinix a presence in four additional Australian markets – Adelaide, Brisbane, Canberra and Perth.

The deal takes place against a backdrop of a healthy digital transformation market in Australia - research by Microsoft and IDC1 forecasts digital transformation activity could add around $35 billion to the country’s GDP by 2021. The cost of the deal is reported to be in the region of $800 million. 60 Metronode employees will be absorbed by Equinix.

"Equinix is committed to matching the growth of our customers and meeting their demands for digital transformation and innovation,” explained the Managing Director of Equinix Australia, Jeremy Deutsch. “This acquisition expands our national footprint and will enable us to help our customers interconnect at the digital edge throughout Australia. We are thrilled to already see very strong demand from our existing customers and potential new customers, each expressing their desire to expand into the enlarged Platform Equinix across Australia."

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